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Side-by-side financial comparison of OLD NATIONAL BANCORP (ONB) and UFP INDUSTRIES INC (UFPI). Click either name above to swap in a different company.

UFP INDUSTRIES INC is the larger business by last-quarter revenue ($1.3B vs $702.8M, roughly 1.9× OLD NATIONAL BANCORP). OLD NATIONAL BANCORP runs the higher net margin — 33.3% vs 3.0%, a 30.2% gap on every dollar of revenue. On growth, OLD NATIONAL BANCORP posted the faster year-over-year revenue change (0.6% vs -9.0%). Over the past eight quarters, OLD NATIONAL BANCORP's revenue compounded faster (34.5% CAGR vs -9.9%).

Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.

UFP Industries, Inc. is a holding company that serves three markets: retail, industrial and construction. The company is headquartered in Grand Rapids, Michigan, and has been publicly traded since 1993. UFP Industries has 218 affiliated operations, which supply tens of thousands of products to three markets: UFP Retail, UFP Construction, and UFP Packaging.

ONB vs UFPI — Head-to-Head

Bigger by revenue
UFPI
UFPI
1.9× larger
UFPI
$1.3B
$702.8M
ONB
Growing faster (revenue YoY)
ONB
ONB
+9.6% gap
ONB
0.6%
-9.0%
UFPI
Higher net margin
ONB
ONB
30.2% more per $
ONB
33.3%
3.0%
UFPI
Faster 2-yr revenue CAGR
ONB
ONB
Annualised
ONB
34.5%
-9.9%
UFPI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ONB
ONB
UFPI
UFPI
Revenue
$702.8M
$1.3B
Net Profit
$233.7M
$40.0M
Gross Margin
16.3%
Operating Margin
4.4%
Net Margin
33.3%
3.0%
Revenue YoY
0.6%
-9.0%
Net Profit YoY
61.5%
-41.3%
EPS (diluted)
$0.71

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ONB
ONB
UFPI
UFPI
Q1 26
$702.8M
Q4 25
$580.8M
$1.3B
Q3 25
$574.6M
$1.6B
Q2 25
$514.8M
$1.8B
Q1 25
$387.6M
$1.6B
Q4 24
$394.2M
$1.5B
Q3 24
$391.7M
$1.6B
Q2 24
$388.4M
$1.9B
Net Profit
ONB
ONB
UFPI
UFPI
Q1 26
$233.7M
Q4 25
$216.6M
$40.0M
Q3 25
$182.6M
$75.3M
Q2 25
$125.4M
$100.7M
Q1 25
$144.7M
$78.8M
Q4 24
$153.9M
$68.0M
Q3 24
$143.8M
$99.8M
Q2 24
$121.2M
$125.9M
Gross Margin
ONB
ONB
UFPI
UFPI
Q1 26
Q4 25
16.3%
Q3 25
16.8%
Q2 25
17.0%
Q1 25
16.8%
Q4 24
16.4%
Q3 24
18.1%
Q2 24
19.1%
Operating Margin
ONB
ONB
UFPI
UFPI
Q1 26
Q4 25
46.7%
4.4%
Q3 25
40.5%
5.7%
Q2 25
30.2%
6.7%
Q1 25
46.8%
5.8%
Q4 24
47.2%
5.4%
Q3 24
47.2%
7.3%
Q2 24
40.3%
8.4%
Net Margin
ONB
ONB
UFPI
UFPI
Q1 26
33.3%
Q4 25
37.3%
3.0%
Q3 25
31.8%
4.8%
Q2 25
24.4%
5.5%
Q1 25
37.3%
4.9%
Q4 24
39.0%
4.7%
Q3 24
36.7%
6.1%
Q2 24
31.2%
6.6%
EPS (diluted)
ONB
ONB
UFPI
UFPI
Q1 26
Q4 25
$0.55
$0.71
Q3 25
$0.46
$1.29
Q2 25
$0.34
$1.70
Q1 25
$0.44
$1.30
Q4 24
$0.47
$1.12
Q3 24
$0.44
$1.64
Q2 24
$0.37
$2.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ONB
ONB
UFPI
UFPI
Cash + ST InvestmentsLiquidity on hand
$948.6M
Total DebtLower is stronger
$229.8M
Stockholders' EquityBook value
$8.5B
$3.1B
Total Assets
$73.0B
$4.0B
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ONB
ONB
UFPI
UFPI
Q1 26
Q4 25
$1.8B
$948.6M
Q3 25
$1.7B
$1.0B
Q2 25
$1.8B
$874.0M
Q1 25
$1.2B
$934.3M
Q4 24
$1.2B
$1.2B
Q3 24
$1.2B
$1.2B
Q2 24
$1.2B
$1.1B
Total Debt
ONB
ONB
UFPI
UFPI
Q1 26
Q4 25
$229.8M
Q3 25
Q2 25
Q1 25
Q4 24
$234.0M
Q3 24
Q2 24
Stockholders' Equity
ONB
ONB
UFPI
UFPI
Q1 26
$8.5B
Q4 25
$8.5B
$3.1B
Q3 25
$8.3B
$3.2B
Q2 25
$8.1B
$3.1B
Q1 25
$6.5B
$3.2B
Q4 24
$6.3B
$3.2B
Q3 24
$6.4B
$3.2B
Q2 24
$6.1B
$3.1B
Total Assets
ONB
ONB
UFPI
UFPI
Q1 26
$73.0B
Q4 25
$72.2B
$4.0B
Q3 25
$71.2B
$4.1B
Q2 25
$71.0B
$4.1B
Q1 25
$53.9B
$4.2B
Q4 24
$53.6B
$4.2B
Q3 24
$53.6B
$4.2B
Q2 24
$53.1B
$4.1B
Debt / Equity
ONB
ONB
UFPI
UFPI
Q1 26
Q4 25
0.08×
Q3 25
Q2 25
Q1 25
Q4 24
0.07×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ONB
ONB
UFPI
UFPI
Operating Cash FlowLast quarter
$146.6M
Free Cash FlowOCF − Capex
$82.7M
FCF MarginFCF / Revenue
6.2%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
3.67×
TTM Free Cash FlowTrailing 4 quarters
$276.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ONB
ONB
UFPI
UFPI
Q1 26
Q4 25
$159.2M
$146.6M
Q3 25
$341.2M
$286.0M
Q2 25
$72.9M
$221.9M
Q1 25
$108.2M
$-108.8M
Q4 24
$235.8M
$144.9M
Q3 24
$121.3M
$258.6M
Q2 24
$161.0M
$255.9M
Free Cash Flow
ONB
ONB
UFPI
UFPI
Q1 26
Q4 25
$137.3M
$82.7M
Q3 25
$333.6M
$210.2M
Q2 25
$64.1M
$159.5M
Q1 25
$102.4M
$-176.1M
Q4 24
$229.0M
$78.1M
Q3 24
$115.7M
$199.7M
Q2 24
$151.6M
$198.4M
FCF Margin
ONB
ONB
UFPI
UFPI
Q1 26
Q4 25
23.6%
6.2%
Q3 25
58.1%
13.5%
Q2 25
12.4%
8.7%
Q1 25
26.4%
-11.0%
Q4 24
58.1%
5.3%
Q3 24
29.5%
12.1%
Q2 24
39.0%
10.4%
Capex Intensity
ONB
ONB
UFPI
UFPI
Q1 26
Q4 25
3.8%
4.8%
Q3 25
1.3%
4.9%
Q2 25
1.7%
3.4%
Q1 25
1.5%
4.2%
Q4 24
1.7%
4.6%
Q3 24
1.4%
3.6%
Q2 24
2.4%
3.0%
Cash Conversion
ONB
ONB
UFPI
UFPI
Q1 26
Q4 25
0.73×
3.67×
Q3 25
1.87×
3.80×
Q2 25
0.58×
2.20×
Q1 25
0.75×
-1.38×
Q4 24
1.53×
2.13×
Q3 24
0.84×
2.59×
Q2 24
1.33×
2.03×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ONB
ONB

Segment breakdown not available.

UFPI
UFPI

Retail Segment$444.0M33%
Structural Packaging$230.2M17%
Factory Built$189.7M14%
Site Built$152.7M11%
Palletone Inc$119.2M9%
Deckorators$55.2M4%
Commercial$53.2M4%
Concrete Forming$44.2M3%
Transferred Over Time$29.6M2%
Protective Packaging$20.7M2%

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